Exam 8: Property

Jane had two teenage sons.Her husband died when the boys were ages 14 and 16.She met Jack, who had a son and daughter by his first marriage.He was divorced from both a first and a second wife.Jane and Jack decided to marry.Once married, they bought a house as co-owners.Which of the following is true with regard to co-ownership?

The bailee is not liable for damage done to goods while in his or her possession.

Joe was a customer in Sam's store when he carelessly dropped a very expensive vase, but he was relieved when he found that Sam had insurance to cover the loss.Explain Joe's legal position in these circumstances.

If I grant my grandma a life estate and she asks about her rights and duties as a life tenant, which of the following is true?

The private right to sue for private nuisance was reinforced with the Supreme Court of Canada decision in St.Lawrence Cement Inc.v.Barrette in Quebec. Which of the following is incorrect related to this case?

A periodic lease means:

What is meant by the term bailment?

For the purposes of vicarious liability and authority to contract, an insurance broker can still be considered an agent of the insurer when it appears to the insured that the broker represents the insurance company.

What is an insurance premium?

Distinguish between a tenancy in common and a joint tenancy.

People living on rivers in Canada are entitled to have the water come to them in undiminished quality and quantity.This is an expression of what kind of rights?

Joe verbally agreed with his landlord to a two-year lease for an office, and then only five months later, the property was sold to somebody else.The new owners immediately gave Joe three months to vacate the premises.Explain his legal rights under these circumstances.

Environmental legislation is not concerned with which of the following?

Joe borrowed his neighbour Sam's lawn mower.At the same time, Sam asked Joe to look after a valuable camera for him while he was on vacation.Explain in relation to which of these items Joe has a higher duty to be careful.

Which of the following is false with regard to mortgages on land?

With regard to real property law, which one of the following is true?

What is meant by a chattel?

The separation or division of joint ownership is referred to as severance.

Once it has paid out on the loss, an insurance company can step into the shoes of the insured and pursue a claim against the person who caused the loss.

Explain what is used as security in a mortgage transaction.